We, like so many others, often use this blog to advocate certain positions about the impact Web 2.0 (or new media or social media or whatever the "right" term is today) is having on the PR profession. As is the nature of blogging, this has been generally done in a piecemeal way, often in reaction to a certain meme or news event.
Last week, we completed our response to an RFI for a major prospect. One of the questions was "How is Web 2.0 (for lack of a better phrase) changing your services and agency model?"
Answering this question forced us to (finally) articulate our point of view in a cohesive manner. But we thought it made sense to do this not just for a particular prospect, but for the world (or that sliver of it that reads this blog, anyway!). Below is our virtually verbatim response, edited slightly for length and confidentiality.
What do you think about...well, what we think? (And I fully reserve the right to amend this position as we learn more about this crazy new world...)
Web 2.0/new media/social media/social networking/wisdom of the crowds/Web 3.0
Call it what you will, but we have a sneaking suspicion this Internet thing is going to be big…
All joking aside, it is undeniable that Web 2.0 is already having a strong acute impact on PR and will, over time, redefine what PR is. (We actually believe that to be true of Web 2.0’s impact on business overall, but that’s another discussion.)
We are also mindful to temper our enthusiasm with a dose of reality.
Let’s start with a favorite of the Web 2.0 pundits – statistics. For the sake of discussion, we’ll assume for a minute that some statistics are actually true. In a study you are likely familiar with, Knowledgestorm and Universal McCann surveyed 3,900 B2B technology buyers to determine the influence of new media on this audience. One-third of those surveyed said they access and share blogs frequently, while 27 percent claim that podcasts have influenced their purchase decisions.
It’s not unreasonable to think “Wow! This stuff is huge. All engines full thrust; damn the torpedoes!” But the fact of the matter is that while this study does show the growing importance of new media, it also demonstrates that the majority of folks aren’t “there” yet. (Granted, we are by nature ‘words people’ but we’re confident enough in our math skills to point out the obvious: the flip side to this survey is that two-thirds of respondents don’t access and share blogs frequently and 73% don’t claim that podcasts have influenced their purchase decisions.)
Contrary to what Stowe Boyd and Robert Scoble claim, Matter’s view is that new media tools and techniques have a growing place in PR’s bag of tricks, but “just blog it” is not an effective total communications strategy.
All that said, the way Matter works with clients and the work we do for clients is evolving thanks to Web 2.0. Even if the marketing benefits never come to fruition (that already isn’t true, but let’s just say), social media tools are proving remarkably useful in increasing efficiency and productivity and making our staffers more rapidly and fully informed on trends and news. (Personalized homepages, purpose-built del.icio.us pages, RSS feedreaders and widgets are used extensively internally and increasingly with clients as more effective ways of finding and sharing information.) As described in the [CLIENT] example above, we are also taking advantage of these tools to make us better practitioners of “traditional” PR and media relations.
Regardless of when the adoption of certain tools reaches the mainstream, one thing is certain: the fundamental principles driving the development of these cool new tools are here to stay. Customers have chosen to eschew the old, one-directional, company-to-customer model in favor of conversations where they are active participants in a collaborative process.